Strategy focus: Strong rally sideswipes long/short funds
Fri May 1, 2009
As equity markets rallied strongly in March, most long/short
equity funds missed out on the gains, as they were positioned
with low net exposures. As a result, equity underperformed many
hedge fund strategies in March. The Absolute Return U.S. Equity
Index posted a 1.27% gain to finish the first quarter at 0.30%.
The Absolute Return Global Equity Index rose 1.63%, for a
ISSN: 2151-1845 / CDC10004H
The full contents of this article are available to active AR subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to AR.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.